Alert: Negative Investment/Fundamental Signals (11/15/24)-Nicholas Financial Inc (NASDAQ: NICK)

out_logo_500#28344.jpg

Extremely significant negative changes in Nicholas Financial Inc (NASDAQ: NICK) investment behavior have recently occurred: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.

Nicholas Financial Inc (NASDAQ: NICK). Slight negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

out_mm#28344.jpg

Current PriceTarget Research Rating

Nicholas Financial has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Nicholas Financial has a poor Power Rating of 23 and a poor Appreciation Score of 21, producing the Lowest Value Trend Rating.

Recent Price Action

Nicholas Financial Inc (NASDAQ: NICK) stock declined modestly by -1.7% on 11/15/24. The stock closed at $5.90. Moreover, exceptionally high trading volume at 708% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 2.3% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*